Anwar Shaikh on Value and Price in Smith, Ricardo, Marx

[@t.m.2415]

We need more of Anwar Shaikh on the left.

[@TheDynamicmarket]

he is good. we need more basic research in economics and reinterpratation of the classics; somebody who actually reads the classics and does not only repeat what somebody said about them.

[@vladimirlenin3562]

Amazingly based man

[@nickherrera6446]

amazing

[@felixvasin758]

as a low income worker i dont give a rats ass about prices, i care about how much i get paid... if i work in a grocery store and im lifting boxes all day, and the cashier is filling bags and taking money from people, then why do we get paid the same, why do we get paid minimum wage? i want to know how, as a worker, labor is quantified, and why im always getting the short end of the stick lol.

[@laharl2k]

eerst laatst Oh yeah because people wont complain when papa governmen comes and tells you your labour is worth less than you believe it to be and so forces you to do it for less.......yeah not dictatorial at all. Comunism never works because it doesnt treat people as people, with valies and morals and all the subjective crap and instead treats them as a cult of obvedient machines.....its snake oil with lotsa sweet talk.

[@laharl2k]

Felix Vasin You earn shit because thats as much you can do. You time is worth as much as you can make it profitable. If ou dont have any skill then you pick up boxes. No one is willing to pay you more than minimun wage for it so your time, the time youd spend working moving bags and boxes is worth that for if you didnt do that it would be worth $0.00 because if you dont work you dont get paid. On the other hand you see there are jobs paying that pay three times as much for making left handed thread bolts. You dont know that skill, so you invest time and learn it, now you have a choice, you work 8 hours moving boxes and get paid minimum wage, or spend 8 hours making bolts, and get paid a decent salary. You obviously will pick the later, and because you have the choice of getting paid more, your time is worth more, and if the guy are the grocery wanted YOU to move boxes he would have to paid you more than your bolt making job for it to make sense to go back to moving boxes. So again you get paid as much as you can and are willing to get paid. Your time is worth as much as you can profit from it. And if you go further and start your own busines and make more money than working for someone else, your timw would be worth as much money you could make out of your business. That of course takes skills and knowledge.

[@laharl2k]

eerst laatst "There is no communism without the abolition of the State" So literally communism never existed..... Yeah, the state can be, but you are FREE to choose to work somewhere else or to be self employed. In comunism you cant because you dont decide the worth of your labour, the government does, or whoever or whatever you say "governmentless" comunism is. So if you dont like working your ass out 12 hours a day "for the good of the country" then you dont have a choice because if you change job you'll get the same and people cant easily change profession from one day to another.

[@laharl2k]

"In communism there would be no need to decide the value of labour because there would be no private property" I made this shit, i put my effort to make it, it's mine, fuck you, period. If someone can come and tell me my effort, my body, isnt mine, i call that slavery. "...Either works; wherever, whenever, or starve as the majority, or really all, means of production are held in private, with the threat of the State or sanctioned private authorities to be allowed to persecute you if you wish to access said private means of production to have your concrete (not abstract) labour produce goods for immediate use, rather than for exchange." Yeah because you cant start your own business or buy your own machines......oh wait, you can. Or ar you gonna tell me you cant put up a groceries store, or invent something and sell it for profit? If you dont like your salary, get a better job, if they still dont pay enough, move somewhere else where they pay better like mexicans do (but if mexicans go to america then it must be better than over there) If you dont work, you dont eat, its completely fair and moral. In cavemen terms, if you dont hunt your food, you dont nom nom. Otherwise explain to me how people go to college and get better jobs that pay more? And if its too much money, you can go to some other country say in south america where the exchange rate makes it so much cheaper. You can litterally live there without having to work, just study for the same money for way more than it would take to get a degree. "sell your labour power on the market for it to be valorised or die of starvation." Ill translate it for you: It means you do something or starve. You can either find someone that will pay you to do something, or you can do something of value to others and sell it. Its THAT simple. NO ONE OWES YOU A JOB. No, you say comunism this comunism that, but so far every comunism attemp was a failure, caused poverty and death, and even then comunism is shit, and its shit on a principles level. Telling me to put up a critical mind is you asserting you know better than i do, and sorry but i dont think so. To me it sounds just like a silly excuse to save your holy cult of communism, because those that fail "arent real communist", even though they were all following marxs and engel's ideas. Plus, again, communism is immoral and unjust on principle, its tyranical by nature of having to enforce it for it to be sustainable, because disidents following a more liberal idea would easily take everyone from you by simply offering better results, say more stuff in exchage for the same labour. So the only way for you to keep your utopia is to do like north korea and to keep your slaves from leaving the country, like cuba and many others did. Communism is shit, i dont like it, so what are you gonna do? force me? send me to the "reeducation" camp? Remember the guy that invented Tetris? He never got paid under communism in the USSR. CAPITALIST ended up paying him, even if they had no legal obligation, out of pity for him once he left the USSR because otherwise he could have gotten into trouble. Yeah but communism is the fairest of all systems.... If you make a game, and you cant cash it in, what is the motivation to even invent it? A hobby isnt a profession. A professional does it for a living, because there are people that value his work, its that simple, so its people itself that give him the money, same for writers and artist. Are you gonna tell me the government is gonna give me food for doing "nothing productive"? And how would you discriminate between artists and lazy people? and WHO is gonna sustain that? That are LOTS of holes is communism that again are immoral, because why would i have to pay for the food of someone that does something i consider to be unpruductive? If you were the one to harvest the food, would it be fair for someone to come and say "feed this person" if said person all he does is shit sculptures (litteral shit) and you think that person isnt productive at all? In the nature that person wouldnt be able to do that because shit sculptures dont provide food, so why would you have to sustain a person that provides no value to society? In capitalism is someone doesnt provide something of value, he doesnt get money to buy food, but if you make something of value, a machine, a game, art, and there's people that VALUE it enough to pay for it, then you get money by selling your effort, so selling something is an equivalent to saying there are people that find value in what i do, and that is the best way of only allowing people that do something valuable to get an equivalent social value (which translates into money) for their creation. I wont say capitalism is without faults, there's a lot of corruption and to be fair, its the people's fault for allowing it. No one deserves anything just for being born, so if people arent willing to fight for their freedom and to stop corrupt politicians and to not buy stuff that isnt worth the price then they dont deserve to have any of that, but communism is immoral, unjust and tyranical by its very own principles.

[@josephwallace202]

​@@laharl2kcan you understand any graphs or formulas the presenter uses